Glossary

Token Distribution: The allocation of investment capital across different tokens in a wallet. This shows how diverse or concentrated a trader's positions are, revealing their risk management approach and investment strategy.

Profile Stats: Profile statistics encompass a trader's overall performance metrics, including total profit and loss (PnL), average return per trade, and other relevant data points. These stats provide a snapshot of a trader's historical performance and consistency.

Tokens Traded: This refers to the variety and frequency of tokens a trader has engaged with. Monitoring the tokens traded can offer insights into a trader's market preferences and adaptability to different assets.

Hold Time: Hold time indicates the average duration a trader retains a token before selling. Short hold times might suggest a day-trading strategy, while longer durations could imply a long-term investment approach.

Winrate: Winrate represents the percentage of profitable trades out of the total executed. A higher winrate can be indicative of a trader's effectiveness and decision-making accuracy.

Avg Buy vs Avg Sell: This metric compares the average purchase price of tokens to their average selling price. A positive difference suggests profitable trades, while a negative one may indicate losses. Analyzing this can help in understanding a trader's entry and exit timing.

Copy Trading: A trading strategy where investors automatically copy the trades of experienced traders, mirroring their actions in real-time with their own funds.

ROI (Return on Investment): The percentage return relative to the initial investment amount. Calculated as: (Current Value - Initial Investment) / Initial Investment × 100%.

PNL (Profit and Loss): The actual dollar amount gained or lost on a trade or set of trades, regardless of the initial investment size.

Unrealized PnL: Profit or loss that exists on paper for positions that are still open but has not yet been locked in through selling. Also known as "paper profits" or "paper losses."

Realized PnL: Profit or loss that has been actualized by closing a position (selling a token), converting theoretical gains or losses into actual ones.

Cumulative PnL: The total sum of all profits and losses across multiple trades over a specific time period.

Break-Even PnL: The point at which gains exactly offset losses, resulting in neither profit nor loss.

Slippage: The difference between the expected price of a trade and the actual executed price, often occurring during periods of high volatility or when trading large volumes in low-liquidity markets.

Liquidity: The ease with which a token can be bought or sold without significantly affecting its price. Higher liquidity typically means less price impact and slippage.

Gas Fees: Transaction fees paid to network validators for processing operations on the blockchain. On Solana, these are typically very low compared to other blockchains.

Wallet: In copy trading context, this refers to a blockchain address that you monitor and copy trades from. In general terms, it's a digital tool that stores your private keys and allows you to interact with the blockchain.

DEX (Decentralized Exchange): A peer-to-peer marketplace where cryptocurrency transactions occur directly between traders without an intermediary.

CEX (Centralized Exchange): A platform operated by a company that facilitates cryptocurrency trading, typically requiring KYC and holding users' funds.

AMM (Automated Market Maker): A protocol that uses liquidity pools and mathematical formulas to determine prices instead of traditional order books.

Whales: Large holders of cryptocurrency who can potentially influence market movements with their trading activities.

Win Rate: The percentage of trades that result in a profit out of the total number of trades executed.

Hold Time: The duration between buying and selling a token. Short hold times (minutes to hours) typically indicate day trading, while longer periods suggest swing or position trading.

Entry/Exit Price: The price at which a trader buys into (entry) or sells out of (exit) a position.

Pump and Dump: A scheme where a person or group artificially inflates a token's price through misleading statements or coordinated buying (the pump) before selling their holdings at the higher price (the dump), leaving other investors with devalued assets.

Wash Trading: A form of market manipulation where an entity simultaneously buys and sells the same token to create artificial trading volume and mislead other traders.

Market Cap: The total value of a cryptocurrency, calculated by multiplying the current price by the circulating supply.

Smart Money: Refers to investors or traders who are considered knowledgeable, experienced, and typically have larger capital bases and better information.

Paper Hands: A term describing traders who sell their assets at the first sign of market difficulty or minimal profit, often missing out on larger potential gains.

Diamond Hands: The opposite of paper hands; traders who hold their positions firmly despite market volatility or temporary losses.

Rugpull: A type of exit scam where developers abandon a project and run away with investor funds, often after artificially pumping the token's price.

FOMO (Fear Of Missing Out): The anxiety that drives investors to buy assets because they're afraid of missing potential profits, often leading to buying at peak prices.

FUD (Fear, Uncertainty, and Doubt): Information spread to cause market panic and drive prices down, sometimes deliberately spread by those with short positions.

SPL Tokens: Fungible tokens created on the Solana blockchain (similar to ERC-20 tokens on Ethereum).

Solscan: A blockchain explorer for Solana that allows users to view transactions, accounts, and token movements.

Raydium: A major automated market maker (AMM) and liquidity provider on the Solana blockchain.

Jupiter: A popular aggregator that sources liquidity from various DEXs on Solana to provide the best swap rates.

Lamports: The smallest unit of SOL, named after Leslie Lamport (similar to satoshis in Bitcoin or wei in Ethereum).

Wallet Discovery: The process of finding and evaluating potentially profitable wallets to copy, often using analytics tools like those provided by Cielo.

Token Distribution: How a trader's funds are allocated across different cryptocurrencies, showing their diversification strategy.

Execution Bot: Automated software that monitors selected wallets and executes trades on your behalf based on predetermined parameters.

Slippage Tolerance: The maximum acceptable difference between expected and actual execution price that you're willing to accept on a trade.

Honeypot Token: A fraudulent token designed to be purchasable but impossible to sell, permanently trapping investors' funds.

Farmer Wallet: A wallet that creates misleading trading patterns specifically to attract copiers before executing an exit strategy.

Crowding Effect: The diminishing returns experienced when too many traders copy the same wallet, causing worse entry/exit prices for everyone involved.

Delayed Execution: The time lag between when a copied wallet makes a trade and when your system executes the same trade, potentially affecting entry/exit prices.

Trading Signals: Alerts that notify you when specific trading conditions are met or when a wallet you're tracking makes a move.

Front-Running: The practice of entering a trade before a known future transaction to profit from the price movement it causes.

MEV (Maximal Extractable Value): The maximum value that can be extracted from block production beyond standard block rewards and gas fees, often through front-running or sandwich attacks.

Sandwich Attack: A type of front-running where an attacker places one transaction before and one after a target transaction to profit from the price impact.

Position Size: The amount of capital allocated to a specific trade, usually expressed as a percentage of the total portfolio.

Diversification: The strategy of spreading investments across various assets to reduce exposure to any single asset's risk.

Stop Loss: A predefined price point at which a position is automatically closed to prevent further losses.

Take Profit: A predetermined price level at which a position is automatically closed to secure profits.

Risk-Reward Ratio: The potential loss of a trade compared to its potential profit, used to assess if a trade is worth taking.

Trailing Stop: A dynamic stop loss that moves with the price in a favorable direction, helping to lock in profits while giving trades room to grow.

Drawdown: The peak-to-trough decline during a specific period for an investment or trading account, usually quoted as a percentage.

Number of Trades: Total count of trades executed (both buys and sells).

Number of Trades per Token: A metric showing how frequently a wallet trades a specific token, which can indicate the trader's familiarity with or focus on particular assets. High numbers may suggest specialized knowledge, while low numbers might indicate experimental positions.